Perhaps you still cannot believe in our CAMS Test Simulator Online study materials. You can browser our websites to see other customers’ real comments. Almost all customers highly praise our CAMS Test Simulator Online exam simulation. The use of test preparation exam questions helps them to practice thoroughly. Rely on material of the free CAMS Test Simulator Online braindumps online (easily available) sample tests, and resource material available on our website. The calculation system of our CAMS Test Simulator Online real exam will start to work and finish grading your practices.
CAMS Certification CAMS You cannot always stay in one place.
Come and buy our CAMS - Certified Anti-Money Laundering Specialists Test Simulator Online exam questions! The Study CAMS Group certification exam training tools contains the latest studied materials of the exam supplied by IT experts. In the past few years, ACAMS certification Study CAMS Group exam has become an influenced computer skills certification exam.
And after using our CAMS Test Simulator Online learning prep, they all have marked change in personal capacity to deal with the CAMS Test Simulator Online exam intellectually. The world is full of chicanery, but we are honest and professional in this area over ten years. Even if you are newbie, it does not matter as well.
ACAMS CAMS Test Simulator Online - Money back guaranteed and so on.
Perhaps you have wasted a lot of time to playing computer games. It doesn’t matter. It is never too late to change. There is no point in regretting for the past. Our CAMS Test Simulator Online exam questions can help you compensate for the mistakes you have made in the past. You will change a lot after learning our CAMS Test Simulator Online study materials. And most of all, you will get reward by our CAMS Test Simulator Online training engine in the least time with little effort.
If you master all key knowledge points, you get a wonderful score. If you choose our CAMS Test Simulator Online exam review questions, you can share fast download.
CAMS PDF DEMO:
QUESTION NO: 1
Identify a person fully, including their political history.
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
Answer: D
2. The Egmont Group is a worldwide organization of
A. financial intelligence units.
B. banking regulators.
C. law enforcement authorities.
D. central banks.
Answer: A
3. Which three criteria does a shell bank meet according to the Wolfsberg Principles on
Correspondent Banking?
Choose 3 answers.
A. It does not conduct business at a fixed address in a jurisdiction in which it is authorized to conduct business.
B. It is not subject to inspection by the banking authority that licensed it to conduct banking activities
C. It does not employ one or more individuals at its fixed address where it is authorized to conduct business or maintain operating records at that address
D. It is not subject to AML laws that require it to implement an AML program
Answer: A,C,D
4. What is a major money laundering risk associated with a number of prepaid cards as opposed to credit or debit cards?
A. The anonymous access to funds
B. The global access to cash through ATMs
C. The inability to load the card with cash
D. The risk of losing the prepaid cards
Answer: A
QUESTION NO: 2
A close relative of a privately-owned bank's senior manager requests to open an account.
Because of this relationship, the staff expedites the opening of the account without following established account-opening procedures. Applying the Basel Committee on Banking Supervision principles, which of the following poses the highest operational risk?
A. Failure to conduct proper due diligence.
B. The possibility of lawsuits that adversely affect the operations of a bank.
C. The bank's exposure to politically exposed persons.
D. Not having appropriate information to share with Financial Intelligence Units.
Answer: D
QUESTION NO: 3
What are two requirements of United States financial institutions when conducting business with an international institution as a result of the USA PATRIOT Act? (Choose two.)
A. Complying with Special Measures issued under the USA PATRIOT Act
B. Performing due diligence on correspondent accounts
C. Performing enhanced due diligence on shell banks
D. Visiting the head office of the international financial institution
Answer: A,C
QUESTION NO: 4
Which two aspects of the security broker dealer industry increase its exposure to money laundering? Choose 2 answers
A. The routine use of wire transfers from, to or through multiple jurisdictions
B. Disposing of cash through securities purchases
C. They easy conversion of holdings to cash with significant loss of principal
D. Fast paced transactions conducted electronically
Answer: B,D
QUESTION NO: 5
What are two reasons physical certificates present a money laundering risk to broker-dealers?
(Choose two.)
A. The trade information on a physical certificate can be easily altered
B. There is little information readily available to the broker confirming the source of the funds
C. Physical certificates do not expire and may be held by the owner for perpetuity
D. Physical certificates may be provided to nominees for deposit or settled in off-market transactions
Answer: B,D
It is known to us that more and more companies start to pay high attention to the SAP C_S4FCF_2023 certification of the candidates. We offer you the most accurate Cisco 100-490 exam answers that will be your key to pass the certification exam in your first try. We have taken our customers’ suggestions of the VMware 6V0-31.24 exam prep seriously, and according to these useful suggestions, we have tried our best to perfect the VMware 6V0-31.24 reference guide from our company just in order to meet the need of these customers well. Preparing for the SAP C_C4H630_34 real exam is easier if you can select the right test questions and be sure of the answers. Usually, the questions of the real exam are almost the same with our Salesforce Education-Cloud-Consultant exam questions.
Updated: May 28, 2022